Ocean Thermal Energy Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2020 - 2016
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	2020 - 2016
Revenue	3.01	-	-	-	-	Upgrade
Selling, General & Admin	0.56	0.65	0.61	0.73	1.15	Upgrade
Other Operating Expenses	2.62	0.93	0.89	0.79	0.83	Upgrade
Total Operating Expenses	3.19	1.58	1.5	1.52	1.98	Upgrade
Operating Income	-0.17	-1.58	-1.5	-1.52	-1.98	Upgrade
Interest Expense	-2.93	-2.51	-2.37	-2.03	-2.02	Upgrade
Net Interest Expense	-2.93	-2.51	-2.37	-2.03	-2.02	Upgrade
Other Non-Operating Income (Expenses)	-66.21	2.87	-5.4	-3.43	1.31	Upgrade
EBT Excluding Unusual Items	-69.31	-1.22	-9.26	-6.97	-2.7	Upgrade
Other Unusual Items	0.01	0.03	0	0.06	0.03	Upgrade
Pretax Income	-69.3	-1.19	-9.26	-6.91	-2.67	Upgrade
Net Income	-69.3	-1.19	-9.26	-6.91	-2.67	Upgrade
Net Income to Common	-69.3	-1.19	-9.26	-6.91	-2.67	Upgrade
Shares Outstanding (Basic)	202	189	184	179	159	Upgrade
Shares Outstanding (Diluted)	202	189	184	179	159	Upgrade
Shares Change (YoY)	7.04%	2.36%	3.02%	12.86%	16.31%	Upgrade
EPS (Basic)	-0.34	-0.01	-0.05	-0.04	-0.02	Upgrade
EPS (Diluted)	-0.34	-0.01	-0.05	-0.04	-0.02	Upgrade
Free Cash Flow	-0.09	-0.56	-0.67	-0.33	-0.54	Upgrade
Free Cash Flow Per Share	-	-0.00	-0.00	-0.00	-0.00	Upgrade
Profit Margin	-2299.26%	-	-	-	-	Upgrade
Free Cash Flow Margin	-3.10%	-	-	-	-	Upgrade
EBIT	-0.17	-1.58	-1.5	-1.52	-1.98	Upgrade
EBIT Margin	-5.71%	-	-	-	-	Upgrade

Source: S&P Capital IQ. Utility template. Financial Sources.